SINA DEADLINE REMINDER: Berger Montague Reminds Sina Corporation Investors of Important Class Action Lawsuit Deadline

Core Viewpoint - A class action lawsuit has been filed against Sina Corporation on behalf of investors who sold shares during the specified class period, alleging that the company engaged in a fraudulent scheme to undervalue its shares in a go-private transaction [1][3]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC, representing investors who sold Sina shares from October 13, 2020, to March 22, 2021 [1][2]. - Investors have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. Group 2: Allegations Against Sina - The lawsuit claims that the defendants concealed the true value of Sina's investment in TuSimple, an autonomous trucking company, leading to a cash offer that significantly undervalued Sina's shares [3][4]. - Internal documents revealed during a related shareholder appraisal proceeding indicated that senior executives were aware of the true value of the investment but chose to conceal it [4].